First Regional Bank

Headquarters

1801 Century Park East
Los Angeles, CA 90067
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.00% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

First Regional Bank is an FDIC insured institution located in Los Angeles, CA. It was founded in 1979 and has approximately $2.08 billion in assets.

First Regional Bank, Los Angeles, California, was closed January 29, 2010 by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with First-Citizens Bank & Trust Company, Raleigh, North Carolina, to assume all of the deposits of First Regional Bank.

FDIC Insured Yes
FDIC Certificate # 23011
Date Established 1979
Assets $ 2.08 billion
Loans $ 1,877.63 million
Deposits $ 1,664.45 million
Capital $ 120.28 million
 

For a more detailed analysis of First Regional Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 30, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 30, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Regional Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.789% 2.750% 0.50 $1,250 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to First Regional Bank
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Branches

First Regional Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


First Regional Bank Locations


Financial Details

First Regional Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Regional Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First Regional Bank U.S. Bank Average
195% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, First Regional Bank had $364,259,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $120,282,000 in equity and $66,522,000 in loans loss reserves. That gives it a Texas Ratio of 195%.

Return on Equity
First Regional Bank U.S. Bank Average
-71.22% 7.80%

First Regional Bank has a Return on Equity of -71.22% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First Regional Bank U.S. Bank Average
5.78% 12.68%

First Regional Bank has a Capitalization of 5.78% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First Regional Bank Balance Sheet Analysis

As of November 30, -0001, First Regional Bank had assets of $2,082,684,000, loans of $1,877,629,000, and deposits of $1,664,450,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,877.63 million
Loan loss allowance $ 66.52 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 1,664.45 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 2.08 billion

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First Regional Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, First Regional Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About First Regional Bank

Branches and Savings

Is First Regional Bank FDIC insured?

Yes. It is covered under FDIC Certificate #23011.

Why does First Regional Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Regional Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Regional Bank a commercial bank?

Yes

Where are First Regional Bank locations?

See branch locations nearby.

Is First Regional Bank open on Saturdays?

Is First Regional Bank open on Sundays?

What time does First Regional Bank open?

What time does First Regional Bank close?

Are First Regional Bank ATMs Open 24/7?

Do First Regional Bank ATMs accept cash deposits?

Can First Regional Bank customers use other ATMs?

Do First Regional Bank branches have notaries?

Will First Regional Bank notarize my document?

What address for First Regional Bank should I put for incoming ACH transfers?

Will the First Regional Bank branch print checks?

Do First Regional Bank checks expire?

Does First Regional Bank require US citizenship to open account?

Can First Regional Bank close my account?

Does First Regional Bank Report to credit bureaus?

Does First Regional Bank Use Equifax?

What is First Regional Bank's ACH Routing Number?

What is First Regional Bank's SWIFT code?

Products

Does First Regional Bank offer mortgages?

Compare mortgage rates here.

Does First Regional Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Regional Bank offer personal loans?

Compare personal loan rates here.

Does First Regional Bank offer student loans?

Will First Regional Bank cash a check?

Will First Regional Bank redeem a savings bond?

Does First Regional Bank cash savings bonds?

Will First Regional Bank cash money orders?

Can First Regional Bank issue a money order?

Does First Regional Bank do currency exchange?

Background on The Bank

Who owns First Regional Bank?

How long has First Regional Bank been around?

Can First Regional Bank transfer to other banks?

Does First Regional Bank have quick pay?

Does First Regional Bank accept rolled coins?

Will First Regional Bank accept loose change?

Where is First Regional Bank headquarters?

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